WITH the Southeast Asia semiconductor sector attracting growing worldwide investments as more regions diversify their supply chains, the stage is set for SEMICON Southeast Asia 2024 as visionaries and experts gather May 28-30 at MITEC in Kuala Lumpur.
The three-day event is poised to provide insights into the latest industry developments, trends and innovations as well as critical areas including sustainability, smart manufacturing and workforce development.
Themed Boosting Agility and Resiliency of the Global Electronics Supply Chain, SEMICON Southeast Asia 2024 will feature more than 500 exhibiting companies and more than 1,000 booths, doubling participation from last year’s exhibition and conference.
The exponential expansion underscores the rising interest in Southeast Asia’s semiconductor sector and the increasing importance of SEMICON Southeast Asia – the region’s premier global electronics manufacturing and supply chain event – in bringing industry stakeholders together to pursue new innovation and growth opportunities.
Accounting for US$200 bil (RM947 bil) in chip exports, Southeast Asia boasts growing manufacturing capabilities, supporting government policies and a strong pool of skilled workers.
“In recent years, Southeast Asia has become a compelling destination for foreign direct investments (FDIs) due to its strategic location, investment-friendly policies, and the region’s diverse workforce,” SEMI Southeast Asia president Linda Tan pointed out.
“SEMICON Southeast Asia 2024 is a crucial platform for the region, offering a tremendous opportunity for participants to actively engage with industry peers, network, and share knowledge.”
In 2023, Malaysia’s electrical and electronics (E&E) industry contributed over 40% to Malaysia’s total exports, making it a vital component and strong performer of our export economy, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.
“This is a clear demonstration of how strong policies have contributed to this sector’s resilience which will receive further impetus under the New Industrial Master Plan 2030 (NIMP2030) and the National Semiconductor Strategic Task Force (NSSTF),” he enthused.
“With focus areas such as integrated circuit design, wafer fabrication and high-technology industries, we aim to strengthen Malaysia’s position in the global E&E value chain with an emphasis on sustainability, innovation and competitiveness.”
Added Tengku Zafrul: “The event is expected to help domestic E&E companies strengthen their footprint within the region as they capitalise on increasing global demand for semiconductors.” – March 19, 2024
